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New Zealand Consumer Confidence Remains Extremely Low: ANZ-Roy Morgan Poll

New Zealand's consumer confidence was basically unchanged at an extremely low level in May as households remained under pressure amid a tight labor market and the rising cost of living, results of the monthly ANZ-Roy Morgan survey showed Friday.

The ANZ-Roy Morgan consumer confidence index was unchanged at 79.2 in May, the survey showed. A reading below 100 suggests pessimism.

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by Jyotsna V

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